Klondike Silver (CVE:KS) Shares Down 14.3% – Here’s Why
by Kim Johansen · The Markets DailyShares of Klondike Silver Corp. (CVE:KS – Get Free Report) fell 14.3% during mid-day trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. 1,926,292 shares changed hands during mid-day trading, an increase of 125% from the average session volume of 856,474 shares. The stock had previously closed at C$0.04.
Klondike Silver Stock Down 14.3%
The firm has a market capitalization of C$8.07 million, a PE ratio of -7.62 and a beta of 2.11. The company has a debt-to-equity ratio of 23.34, a current ratio of 0.02 and a quick ratio of 0.20. The company has a 50-day moving average price of C$0.03 and a 200 day moving average price of C$0.03.
Klondike Silver Company Profile
Klondike Silver Corp., a resource exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for silver, lead, and zinc deposits. The company primarily owns a 100% interest in the Slocan Silver camp that covers an area of approximately 114 square kilometers located in south-eastern British Columbia. Klondike Silver Corp. was incorporated in 2005 and is based in Vancouver, Canada.